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Enter Symbol:
 
Flextronics International Ltd. (FLEX) [hlAlert]

Rating:
Buy FLEX
up 10.98 %

Flextronics International Ltd. (FLEX) upgraded to Buy by Argus

Posted on: Thursday,  May 8, 2014  12:00 AM ET by Argus

Argus rated Buy Flextronics International Ltd. (NASDAQ: FLEX) on 05/08/2014, when the stock price was $9.56. Since
then, Flextronics International Ltd. has gained 10.98% as of 10/20/2015's recent price of $10.61.
If you would have followed this Argus's recommendation on FLEX, you would have gained 10.98% of your investment in 530 days.

Flextronics International Limited (Flextronics) is a global provider of vertically-integrated advanced design and electronics manufacturing services (EMS) to original equipment manufacturers (OEMs). As of March 31, 2009, Flextronics total manufacturing capacity was approximately 27.2 million square feet. It helps customers design, build, ship and service electronics products through a network of facilities in 30 countries. During the fiscal year ended March 31, 2009 (fiscal 2009), its sales in Asia, the Americas and Europe represented 49%, 33% and 18% of its total net sales, respectively, based on the location of the manufacturing site. The services provided by the Company includes printed circuit board and flexible circuit fabrication, systems assembly and manufacturing, logistics, after-sales services, design and engineering services, original design manufacturing (ODM) services, and components design and manufacturing.

Argus Research is an independent research firm, and our business is producing, distributing and marketing high-quality investment and economic research. Our recommendations - BUY, HOLD and SELL - reflect the judgment of an analyst about a company's prospects as an investment in terms of value, expected growth and risks. Argus Research does not bring companies public, advise companies on mergers and acquisitions, broker trades, make markets in stocks or manage money. Our independence allows us to make critical judgments about companies that we might not be so free to make were we competing for a firm's underwriting business. Because we're not a broker/dealer, we don't have "inventory" of a stock that we have to move with a tainted recommendation. We have developed a six-point system for analyzing the stocks in our Universe of Coverage. We believe that this system
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/8/2014 12:00 AM Buy
None
9.56
as of 10/17/2014
1 Week down  -1.87 %
1 Month down  -17.98 %
3 Months down  -17.68 %
1 YTD down  -7.00 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/29/2011 9:25 AM Hold
None
7.06
10/24/2008 9:25 AM Buy
None
3.39 9.00

(*) Stock Price at the time of the recommendation.
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